Gregory-Smith, Ian; Thompson, Steve; Wright, PeterW. - In: Economic Journal 119 (2009) 536, pp. 463-481
We apply duration analysis to model the tenure and mode of exit of CEOs from FTSE 350 companies from 1996-2005, a decade in which corporate governance reforms have sought to increase the accountability of the CEO to shareholders and their representatives on the board. We find a greater...